Section 10 (House Rent Allowance exemp

SECTION COMPONENT
House Rent Allowance (Please refer the
below embedded HRA proof
submission guidelines)

10
Document

Attachments :
 Section 10 (House Rent Allowance exemption)
PROOF TO BE SUBMITTED
(a) Bank/Card statement showing rent paid entries for the entire period of Financial Year 22-23 for
which HRA exemption is being claimed
(b) Copy of valid Rent Agreement with a copy of latest electricity bill / a letter from the PG on their
official Letter Head having its registration number and contact details on and stating the rate of rent
and period of stay, in case staying in a PG accommodation
(c) PAN of the landlord if Rent per month is more than 8333/-
(d) Rent Reciepts for the entire period of Financial Year 22-23 for which HRA exemption is being
claimed (instead of Bank/Card statements) wherein rent is paid in cash (e) Rent sharing
declaration cum undertaking as per the embedded document is required to be submitted, in cases
where there are multiple tenants’ names reflecting in rental agreement and rent amount is not being
shared in equal proportion

1. Self declaration cum undertaking for rent payment at a future date (only for Jan'23 to Mar'23
period)
Future date rent
payment
declaration.doc

(e) Rent sharing declaration cum undertaking

DECLARATION
CUM
UNDERTAKING
FOR RENT
SHARING.docx
 Comments
1. Rent paid only for one rented accomModation in
which employee himself/herself is staying (with or
without family) and invariably in the city of employment
will only be considered . Rent paid for any other city,
and/or any other rented accomNodation taken for family
where employee himself/herself is not residing with them,
is NOT ELIGIBLE for tax exemption.
2. If Loss from house for a self-occupied property is
claimed for the same period and same city, then HRA
exemption will be disallowed for the overlapping period.
3. A
declaration cum undertaking is required to be submitted
where rent is to be paid at a future date (only for Jan'23 to
Mar'23 period)

Future date rent

payment
declaration.doc

DECLARATION
CUM
UNDERTAKING
FOR RENT
SHARING.docx
 Section 10 (Leave Travel Allowance Exemption)
SECTION COMPONENT PROOF TO BE SUBMITTED Comments
(a) Train and/or Air Tickets 1. In case of travel undertaken through Travel Agent, then submit only Train / Air Ticket. (Not
(b) Boarding Pass / Travel Certificate from Airline for all air the consolidated Bill)
travels
(c) Leave approval mail/ Screen shot taken from Synetime 2. Exemption allowed for any one return journey travel undertaken for during the current
of approved Earned Leaves - financial year within India only & Employee essentially should be part of the travel, to claim
(Minimum of 2 days EL is required to claim LTA) (d) exemption.
Declaration as per the format embedded below.
3. Exemption cannot exceed the amount paid as LTA during the financial year by the current
10 LTA employer, even if the actual travel expenses are higher

4. Claim for Road Travel (Own Car, Taxi, or road travel package availed through travel
company/agent) is not allowed through Synechron.
Document
SECTION COMPONENT

24 Loss on Self-Occupied house property (Housing loan

interest)

Loss on Self-Occupied house property (Housing loan

80EE interest)
 Loss on Self-Occupied house property (Housing loan
80EEA
interest)

Note: Please keep your Lender bank's PAN & Address handy as it is mandat
In case of Joint Loan, please mention the percentage of loss in Synepay bein
 Section 24 (Housing Loan Interest for Self
PROOF TO BE SUBMITTED
(a) Latest Provisional loan repayment certificate pertaining to current financial year (Apr ’22
– Mar ’23) from the bank/financial institution.
(b) Copy of Possession letter/latest property tax paid receipt/latest electricity bill
(c) Copy of Index-II/Property tax receipt or any other document establishing the ownership
in the house property/land (d)
Joint declaration signed by all the co-borrowers, in case home loan is taken on joint names
(format embedded)

Joint Home Loan

Declaration.doc

(1) All the documents as mentioned above for a Self Occupied Property is to be submitted.
In addition, a copy of loan agreement cum sanction letter along with undertaking for having
eligibility to claim the exemption under Sec-80EE (format embedded) is also required to be
mandatorily submitted to claim this additional benefit along with all the supporting
documents as well mentioned in the declaration.
2) Joint declaration signed by all the co-borrowers, in case home loan is taken on joint
names (format embedded)

80EE_Declaration
cum
Undertaking.pdf
 1) All the documents as mentioned above for a Self Occupied Property is to be submitted. In
addition a copy of loan agreement cum sanction letter along with undertaking for having
eligibility to claim the exemption under Sec-80EEA (format attached) is also required to be
mandatorily submitted to claim this additional benefit along with all the supporting
documents as well mentioned in the declaration.
2) Joint declaration signed by all the co-borrowers, in case home loan is taken on joint
names (format embedded)

80EEA_Declaratio
n cum Undertaking.pdf

N & Address handy as it is mandatory to enter in Synepay.

percentage of loss in Synepay being shared by you between / amongst the co-borro
4 (Housing Loan Interest for Self Occupied Property)
Eligibility
(a) The person claiming income tax exemption must be owner or one of the co-owners of the
house property for which loan is availed/ must be owner of the land on which the property is
constructed ( in case of self constructed property)
(b) The acquisition/construction is completed within 5 years from the end of the financial year
in which the loan was sanctioned.
(c) The house
property must be in one's possession on the date of claiming the tax exemption.

An additional exemption up to Rs 50,000/- on interest paid (over & above the max prescribed
limit of Rs 2 Lac) would be allowed for the current financial year provided that :

(a) The loan is sanctioned in FY 18-19( i.e. between 01

Apr 18 and 31 Mar 19.
(b) The loan amount does not exceed Rs 35 Lac.
(c) The total value of the residential
property does not exceed Rs 50 Lac.
(d) The individual taxpayer should be a first-home buyer and should not own any residential
property solely or jointly on the date of sanction of the loan
(e) The property is is in possession as on date.
(g) The loan must have been borrowed from a
Financial Institution or a Housing Finance Company
 An additional exemption upto Rs 1,50,000/- on interest paid (over & above the max prescribed
limit of Rs 2 Lac) would be allowed for the current financial year provided that :

(a) The loan is sanctioned in FY 20-21 or in FY 21-

22( i.e. between 01 Apr 20 and 31 Mar 22).
(b) The value of the
propoerty on which stamp duty is calculated for registration should not exceed 45 Lacks
(c) The additional benefit is allowed only for affordable real estate projects approved on or after
1 September 2020
(d) Housing loan must be taken from a financial institution or a housing finance
company for buying a residential house property.
(e) The taxpayer should be a first-time home buyer and should not own any residential
property solely or jointly on the date of sanction of the said housing loan (f)Carpet
area of the house property should not exceed 60 square meter ( 645 sq ft) in metropolitan cities
of Bengaluru, Chennai, Delhi National Capital Region (limited to Delhi, Noida, Greater Noida,
Ghaziabad, Gurgaon, Faridabad), Hyderabad, Kolkata and Mumbai (whole of Mumbai
Metropolitan Region) (g)Carpet area should not
exceed 90 square meter (968 sq ft) in any other cities or towns.

amongst the co-borrowers

 Comments
1. If Loss from house property (on account of interest paid on housing loan) and HRA is
claimed for the same period, for the same city, then HRA benefit is disallowed for the
overlapping period.

2. Only any two house properties can be considered as self-occupied house property for
tax benefit on interest paid. In case of multiple house properties, claim only any two under
self-occupied category and the rest under let-out category. However, the maximum
interest amount exempted from all house properties put together cannot exceed Rs 2 Lac.

3. Even if the employee is an applicant or co-applicant for home loan but

does not have any ownership in the house property and land (in case of self-constructed
property), the claim for loss from house property towards principal and interest on
housing loan would be disallowed.
1) One of the conditions for claiming deduction u/s 80EEA is that you should not claiming
deduction u/s 80EE.
2) Claim would not be considered , If amount stamp duty paid is more than 45 Lacks
object
 Section 24 (Hous
SECTION COMPONENT PROOF TO BE SUBMITTED
a) Latest Provisional loan repayment certificate pertaining to current financial year
(Apr ’22– Mar ’23) from the bank/financial institution.
(b) Copy of Possession letter/latest property tax paid
receipt/latest electricity bill
(C) Income/Loss computation Sheet duly certified by a CA - Format embedded
herewith (d)
Copy of Index-II/Property tax receipt or any other document establishing the
ownership in the house property/land
(e) Joint declaration signed by all the co-borrowers, in case home loan is
taken on joint names (format embedded)
24 Loss / Income on Let out House
Property (Housing loan interest)

Joint Home Loan

Computation of Declaration.doc
Income/Loss in case of a let
out house property Computation of
Income or Loss

Note Please keep your Lender bank's PAN & Address handy as it is mand
 Section 24 (Housing Loan Interest for Let out Property)
Eligibility
Loss from let out/deemed to be let out property (Properties) can also be claimed on
account of interest paid on housing loan for the said property (properties) up to
maximum Rs 2 Lac put together for all the properties (properties including loss being
claimed under self-occupied category, in case of multiple house) provided that the
following conditions are satisfied:
a) The person claiming income tax exemption must be owner or one of the co-owners
of the house property for which loan is availed/ must be owner of the land on which the
property is constructed ( in case of self constructed property)
(b) The acquisition/construction is completed within 5 years from the end of the
financial year in which the loan was sanctioned.
(c) The house property must be in one's possession on or before the last date
of the financial year against which one is claiming the tax benefit.

handy as it is mandatory to enter in Synepay.

erty)
Comments
Note:
1. Deemed to be Let-out Property : In case a house property is left vacant / occupied by family then it is treated as deemed to be let
out property, as per Section23 (1) (c), Notional Rental Income has to be obtained and then the annual lettable value be arrived at and
the net loss/income has to be calculated accordingly.
2. Notional Rent: Notional rent to be taken as municipal valuation or the rent which similar property in the same locality would fetch,
whichever is higher. However, if standard rent is fixed for the property, then notional rent cannot exceed the standard rent
PS: Annual Lettable Value ( ALV ) is higher of fair rent and municipal value, but restricted to standard rent fixed under Rent Control
Act.

(3) Notional rent / Annual Lettable Value (ALV) of the let out/deemed to be let out property can be obtained from an appropriate
local government authority (municipal corporation /gram panchayat etc./ government registered valuer as the case may be) and is
required to be provided to arrive at the Gross Annual Value (GAV) of the property.

PS: Gross Annual Value (GAV) of a let out property is higher of Annual Lettable Value (ALV) and Actual rent received

nepay.
 Proof Submission Guidelines - Section 80C
SECTIONS COMPONENT PROOF TO BE SUBMITTED Eligibility Comments
"Online Consolidated premium payment statement" pertaining to current Financial year Late payment fees will not be considered
(Apr ’22– Mar ’23)
Life Insurance Maximum deduction is allowed under Sec-80C
Premium (including 80CCC) is Rs.150,000/-
Policy can be from any approved company by IRDA(Insurance Regulatory & Development
Authority) Policy for parents are disallowed

1. Policy should specify that benefit eligible u/s 80C

2. Premium receipts should contain amount of sum assured, date of commencement of
policy.
3. If amount of sum assured & date of commencement of policy not mentioned in the
Unit Linked Insurance receipt, copy of policy to be submitted.
Plan 4. Premium payment date should be within the current financial year (April 22 -Mar 23).

Photocopy of PPF passbook / bank statement for PPF transactiosn made during current
Public provident fund financial year(Apr 22 to Mar 23). Counterfoil alone does not constitute as proof. Passbook is
(PPF) PPF investment can be made in the name of individual, spouse or children. mandatory

Current year certificates do not qualify for interest benefit.

Photocopy of all the certificates for which interest is being claimed.
Should be submitted under NSC.
NSC Interest declared will also be accounted as “Other
NSC Interest NSC certificate should have been taken on or after 01-Apr-2018. Income” and taxed Certificates in the name of spouse, children and parents are
NSC Certificate should be in the name of individual (Self only).
Calculation of Interest is mandatory as per the NSC interest calculation table. disallowed

Photocopy of receipts / certificates pertaining to current financial year only (Apr ’22– Mar Previous year certificates do not qualify. Should be
’23). submitted against NSC Interest only.
National Savings
Certificate (NSC) NSC Certificate should be in the name of individual (Self only) Certificates in the name of spouse, children and parents are
disallowed

Photocopy of the Fixed Deposit receipt issued by the bank should be of the current Fixed Deposit receipts n the name of spouse, children and
financial year only (Apr ’22 – Mar ’23) parents are disallowed

Fixed Deposits' Receipts that are taken during 01 Apr' 22 to 31 Mar' 23 for a minimum
Fixed Deposit in a lock-in period of 5 years or more are eligible for exemption. Such fixed deposit receipt
Bank/Post Office must have annotation as "Tax Saver Sch.Genl-5 year" on it. Payment Receipts or copy of cheque alone does not
constitute as proof.

Fixed Deposit receipts should be in the name of employee. Post Office/Bank Fixed Deposits having lock in period of
80C less than 5 Yrs, Monthly Income Scheme Deposits and
Recurring Deposit and are disallowed.
Photocopy of Receipts / Statements pertaining to current financial year only (Apr’22–
Mar’23).
Tax Saver Mutual Receipt should be in the name of employee. Certificates in the name of spouse, children and parents are
Fund / ELSS/SIP/ULIP Policy should specify that benefit is eligible u/s 80C/80CCC etc. disallowed

Photocopy of Receipts / Bond pertaining to current financial year only (Apr ’22 – Mar ’23) Bonds in the name of spouse, children and parents are
Long Term disallowed
Infrastructure Bonds Bond should be in the name of employee & Term should be > = 3 years
Receipt / Bond should specify that benefit eligible u/s 80C Term less than 3 years is not eligible for benefit.

Photocopy of Receipts for tuition fees paid, pertaining to current financial year only (Apr Donations, Capitation fees, Computer fees, Uniform fee,
’22 – Mar ’23) Tax benefit allowed only up to two children.
Sports fee etc., are not allowed

Children Tuition Fees

 Proof Submission Guidelines - Section 80C
SECTIONS COMPONENT PROOF TO BE SUBMITTED Eligibility Comments
The amount allowable as tuition fees shall include any payment of fee to any
university, college, school or other educational institution in India except the amount
Children Tuition Fees representing payment in the nature of development fees or donation or capitation fees or
payment of similar nature. Future period benefits will not be provided, if declaration is
For future payment i.e. Jan 23 to Mar 23 : Previous year receipts are required , with not submitted
Declaration to be submitted

Provisional certificate pertaining to current financial year (Apr ’22 – Mar ’23) with
breakup of Interest and Principle from the Housing Finance Company / Bank. Bank statement showing only EMI deduction will be
disallowed
Housing Loan
Principle In case of Joint purchase, declaration specifying the % of benefit claimed by the employee
along with a copy of Index-II Principal benefit cannot be claimed, unless the property is
in possession on the date of claiming the exemption.

Registration/ Stamp Payment should be in current financial year only (Apr ’22 – Mar ’23).
Duty paid on purchase Photocopy of agreement to sale/Index II with Stamp Duty and Registration Fee paid
of House property receipt.
In case of Joint purchase, declaration specifying the % of benefit claimed by the
employee.

SSY - Sukanya Bank Statement of SSY - Sukanya Samruddhi Yojana account for the current financial year
Samruddhi Yojana (Apr 22 - Mar 23)

80CCC Pension Policy Policy can be in the name of individual, spouse and children

Maximum deduction is allowed under this section

NPS/Atal Pension Rs.50,000/- ( This is in addition to above mentioned 1.5L Funds invested in NPS Tier 2 account are disallowed from
80CCD (1B) Statement of NPS (Tier-I ac)/APY account held by employee
Yojana under 80C). Investment made in Tier 1 NPS account only exemption.
will be accepted for exemption.

Attached is the declaration form for claiming benefit for premiums/investment

installment due for payment after proof submission cut of date but before 31 Mar 23.
Declaration for
However, declaration for premium/investment intended to be made at a future date in payment of
Fixed Deposit (FD), NPS, ,APY, PPF, MF,ULIP,ELSS, NSC, Health Insurance, SSYetc can not Premium at a
Attachments : 1 be considered. future date.docx

Future Tuition Fees

Attached is the declaration form for claiming benefit for children's tuition fees due for Declaration
2 payment after proof submission cut of date but before 31 Mar 23.

3 Attached is the joint declaration to claim Stamp Duty Fee Exemption

Stamp Duty
Declaration
 Section 80D
SECTION COMPONENT PROOF TO BE SUBMITTED Comments
1. Receipt of the paid premium issued by the Insurance 1. Premium paid towards health insurance of self, spouse and 1. Receipt / Policy should specify that benefit for premium paid is eligible for tax
Company children upto Rs 25,000/- is exempted, however, if any of exemption u/s 80D (Mediclaim Insurance)
the family members is senior citizen then premium paid upto 2. Premium deducted through salary for Parents will be considered automatically.
2. Receipts should be of the current financial year only Rs 50,000/- is exempted. There is no need to declare the premium amount on Synepay & No proofs are
(Apr’22 – Mar’23) & Only Basic Premium amount is required.
Exempted. (GST is not considered). 3. Premium Paid in cash is not eligible for exemption
3. Invoice/ Receipt with patient name (i.e on self/spouse/ 2. Expenses made 4. Medical insurance Premium due to be paid at any future date during the current
parents' name) paid towards preventive health check up towards preventive health check of self, spouse, children and financial year can not be claimed through employer, however, the same if paid on
expenses during current financial year. parentsupto Rs 5,000/- can also be clubbed for exemption or before end of the current financial year needs to be claimed by employee at the
under this section but with the max limit of Rs 25,000/- or Rs time of individual IT return filing.
50,000/- in case of senior citizen family member.
Medical
80D
Insurance
1. Premiums paid for Parents in laws / Siblings are not eligible.
2. Premium paid by any person other than employee is not allowed for exemption,
hence the employee must be proposer for the health insurance of his/her parents.

1. Premium paid towards health insurance of parents (not for

in-laws) up to Rs 25,000/- is exempted, however, if any of
the parent is senior citizen then premium paid up to Rs
50,000/- is exempted.
2. Expenses made towards preventive health check of parents
(not for in-laws) upto Rs 5,000/- can also be clubbed for
exemption under this section but within the max limit of Rs
25,000/- or Rs 50,000/- in case of senior parents.
 Section 80DD
SECTION COMPONENT PROOF TO BE SUBMITTED Comments
Certificate on Form - 10 IA ( format embedded)issued Form 10 IA will not be
by the competent medical authority in a Government considered, if the expiry date
Hospital specifying the % of disability is before 01-Apr-2022.

Form 10IA

Self-declaration (format embedded) mentioning the

differently abled person is solely dependent on the
claimant and also mentioning the amount spent on
Maintenance treatment, training or rehabilitation of the
/Medical treatment handicapped dependent or receipt of the amount
80DD paid to LIC/UTI for the policy
of Handicapped
dependents

80DD
Declartion.pdf

Where condition of disability requires reassessment,

fresh certificate to be obtained after its expiry to
continue claiming the deduction
 Section 80U
SECTIONS COMPONENT PROOF TO BE SUBMITTED Comments
Certificate on Form - 10 IA ( format Form 10 IA will not be considered, if the
embedded)issued by the competent expiry date is before 01-Apr-2022.
medical authority in a Government
Hospital specifying the % of disability

Deduction in
case of Form 10IA
80U Disability-Only
Self
Where condition of disability requires
reassessment, fresh certificate to be
obtained after its expiry, to continue
claiming the deduction.
 Section 80E
SECTIONS COMPONENT PROOF TO BE SUBMITTED Comments
Latest Provisional loan repayment certificate pertaining to current 1. Eligible if loan is availed by the employee for self, spouse or
financial year only (Apr ’22– Mar ’23) from the Bank / Financial Institution children for pursuing full time higher education such as
specifying that the said loan is an Educational Loan and qualifies for Engineering / Medical etc.
benefit u/s 80E along with loan sanction letter and declaration as per the 2. Loan taken to pursue part time higher courses are
below embedded format is required to be submitted not eligible to tax exemption.
3. Interest paid only for the first 8 years from the financial year
from which the repayment of loan started is eligible for tax
exemption.
Education 4. only interest paid amount on education loan is exempted from
80E Loan Interest income tax and hence the Principal component repaid is not
Benefit eligible for any tax exemption. 5. Loan account statement
submitted in place of provisional loan repayment certificate for the
current year can not be considered as a valid document
80E_Education
loan Declaration_FY22-23.pd
 Section 80DDB and 80G
SECTIONS COMPONENT Comments
This deduction can not be allowed by employer while calculating
Medical the TDS amount .So assesse has to claim this deduction while
Treatment of filing his/her Income tax return.
80DDB
specific
diseases

This deduction can not be allowed by employer while calculating

80G Donation the TDS amount .So assesse has to claim this deduction while
filing his/her Income tax return.